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Progress Software (Progress Software) EV-to-EBIT : 25.65 (As of Apr. 25, 2024)


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What is Progress Software EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Progress Software's Enterprise Value is $2,811.7 Mil. Progress Software's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $109.6 Mil. Therefore, Progress Software's EV-to-EBIT for today is 25.65.

The historical rank and industry rank for Progress Software's EV-to-EBIT or its related term are showing as below:

PRGS' s EV-to-EBIT Range Over the Past 10 Years
Min: -92.24   Med: 22.74   Max: 75.54
Current: 25.65

During the past 13 years, the highest EV-to-EBIT of Progress Software was 75.54. The lowest was -92.24. And the median was 22.74.

PRGS's EV-to-EBIT is ranked worse than
63.97% of 1657 companies
in the Software industry
Industry Median: 17.46 vs PRGS: 25.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Progress Software's Enterprise Value for the quarter that ended in Feb. 2024 was $2,910.3 Mil. Progress Software's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $109.6 Mil. Progress Software's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 3.77%.


Progress Software EV-to-EBIT Historical Data

The historical data trend for Progress Software's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Progress Software EV-to-EBIT Chart

Progress Software Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.41 19.52 22.26 20.22 26.97

Progress Software Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.02 27.01 27.54 26.97 26.55

Competitive Comparison of Progress Software's EV-to-EBIT

For the Software - Infrastructure subindustry, Progress Software's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Progress Software's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Progress Software's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Progress Software's EV-to-EBIT falls into.



Progress Software EV-to-EBIT Calculation

Progress Software's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2811.716/109.616
=25.65

Progress Software's current Enterprise Value is $2,811.7 Mil.
Progress Software's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $109.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Progress Software  (NAS:PRGS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Progress Software's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2024 ) =EBIT / Enterprise Value (Q: Feb. 2024 )
=109.616/2910.31404
=3.77 %

Progress Software's Enterprise Value for the quarter that ended in Feb. 2024 was $2,910.3 Mil.
Progress Software's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $109.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Progress Software EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Progress Software's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Progress Software (Progress Software) Business Description

Traded in Other Exchanges
Address
15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and also has a presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.
Executives
Domenic Lococo officer: Chief Accounting Officer C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Sundar Subramanian officer: EVP/GM DevSecOps C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Ian Pitt officer: Chief Information Officer C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Kathryn Kulikoski officer: CHIEF PEOPLE OFFICER C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Yufan Stephanie Wang officer: Chief Legal Officer C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON MA 01803
Anthony Folger officer: Chief Financial Officer C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Loren Jarrett officer: Chief Marketing Officer C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DR., BEDFORD MA 01730
Charles Francis Kane director 14 OAK PARK DRIVE, BEDFORD MA 01730
Yogesh K Gupta director, officer: Chief Executive Officer C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON MA 01803
Jeremy Segal officer: Senior Vice President C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Jennifer Ortiz officer: EVP, Corporate Marketing C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
John Ainsworth officer: Senior Vice President C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DR., BEDFORD MA 01730
Gary Quinn officer: Senior Vice President C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Ranier Gawlick director 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359